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Decision
Final Decision Paper
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The consultation has closed for comments.
Consultations
The Energy Market Authority (EMA) had in January 2005 appointed Tokyo Gas Engineering Co Ltd ("TGE") to undertake a feasibility study in relation to importing LNG into Singapore (the "Study"). The study explores the best way for Singapore to import LNG. It encompasses an economic analysis for the use of LNG as a fuel source for power generation in Singapore. It seeks to identify and evaluate possible business models for the LNG receiving terminal, which are cost-effective, sustainable and viable. The proposed business model and its associated financing option must also uphold the principle of competition in the gas and electricity markets.
In addition, the study covers the regulatory and licensing framework toensure the smooth integration of LNG into the gas market and long-term viability of the LNG receiving terminal and infrastructure. It also identifies the necessary infrastructure and the associated costs tosupport the import of LNG for Singapore, including the identification of suitable site(s) for the receiving terminal. EMA invites comments and feedback on the key recommendations of the study, including the terminal ownership structure, government support mechanism, business model, LNG procurement, regulatory framework and terminal configuration for importation of LNG into Singapore. The details of the key findings of the study are given in the Appendix in the consultation paper.
Submit Responses
Please send your submission by e-mail tol eslie_lie@ema.gov.sg and low_ying_chun@ema.gov.sg. Respondents are required to include their personal / companyparticulars as well as the correspondence email address in their submissions in response to this Consultation Paper. Alternatively, you may send your submission by post/fax to the following address:
LNG Project Unit
Regulation Division, Energy Market Authority
111 Somerset Road, #15-05
Fax: (65) 6 835 8084
All comments and feedback must reach EMA by 5pm on 22 September2006.
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